myfix

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Elliot wave 5, about to begin. “The Pythagoreans were probably the first to recognize the concept that the basic forces in the universe may be expressed through the language of mathematics.” ― Mario Livio, The Golden Ratio: The Story of Phi, the World's Most Astonishing Number

myfix

An Invers H&S has formed on the on a shorter time frame, a good opportunity to long has presented itself.

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I guess I did found the bottom. Point C could be anywhere between the levels of A and B. Do not focus on exact points instead look at the pattern. This is a short term prediction.

myfix Updated 

Waves pattern keeps on failing on the shorter time frame. Hence, revolution results in a local up trend and then a downward momentum from D.

myfix Updated 

Bearish Gartley is still playing out but new levels are being set. We would see a dip for now, but then a bounce back from the level of A . D would be a good entry point for a short.

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A very important pattern is playing out called the Bearish Gartley. Elliot waves have a way of creating long tread patterns. Do not focus on the exact points, but see the patterns that are going to be played out with the respected fib levels. “Humans are pattern-seeking story-telling animals, and we are quite adept at telling stories about patterns, whether they...

myfix Updated 

As i did pointed out earlier that we are going to have a complete 5th, so we did at 161.8 present of wave 4. I believe there is going to be a retracement. From this level, an abc pattern. Not sure how it is going to play out exactly but, time zone fibs and Eliot principles are predicting something like this.

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As Nassim Taleb puts it, “to protect against the black swan”. Or as Goldman Sachs CEO Lloyd Blankfein says “given enough time, very low probability events not only can happen, but they absolutely will happen” . This is a one in a hundred wave pattern, If I could share the image of a truncated wave example, I would (ewminteractive.com) . The image is of JPY/USD...

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Just a scenario . A short wave 5. I have seen a shorter wave in FX but not in crypto.

myfix Updated 

The fib level at 11263 is going to turn to support as soon as we break it. As we did not hit the X line this would be a continuum of wave three . But if we do hit the X line wave 5 will start which is highly unlikely as we just did side ways since yesterday. The idea is that, I would go long after that fib level regardless.

myfix Updated 

we are still seeing good volume and I think around 11232 would be a decision making zone.

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Major fib at 11263, if we break it we are looking at the longest Wave 3 in history. Decision making now.

myfix Updated 

Just an Idea but a convincing one. Time zone fibs and patterns indicates Elliot wave 4 is in effect and could turn to wave 5 at the next major time zone fib. BTC prices has been going back and forth between pre-established long term fib levels of 3.414 and 3.272 . Hence, a squeeze also in effect. We would only see a major Elliot wave 5 if the volume picks up....

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A local downtrend suggest a double bottom is coming, but there would be a bounce back. Remember, a double bottom is a bullish sign.

myfix Updated 

Channel is established, nice scalping opportunity. Note Idea: Using time zone fibs and fib levels, if i were to scalp i would use fibs as my entry and exit (i.e. next exit at 3.414 fib level, 8468 dollar value on bitfinix).

myfix Updated 

buy volume is up, resistances ate being tested . long is the idea.

myfix Updated 

Volume and BB, still indicate a down trend also a lot of supports are being broken. Holding seems to be a good idea .

myfix Updated 

As the trend continues downwards a bonus back point is getting closer. Short term short for now.